Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.3399
S.3399: Timber Revitalization and Economic Enhancement Act II of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced July 31, 2008
- Latest Major Action July 31, 2008
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
13 (5 Democrats, 9 Republicans)
Bill Summary
Timber Revitalization and Economic Enhancement Act II of 2008 - Amends the Internal Revenue Code to make permanent: (1) the reduction in the rate of tax on the net timber gain of corporations; and (2) rules for the treatment of timber real estate investment trust (REIT) gains, mineral royalty income, and prohibited transactions.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Sponsor introductory remarks on measure.
|
|
Read twice and referred to the Committee on Finance.
|
|
July 31, 2008 |
Introduced in the Senate by Blanche Lincoln (D-Ark.) |